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Service Tax return 7-12 to 9-12 Download revised excel file

Sh Ashok Kumar Mittal CA has pointed out to us that service tax utility provided by ACES to file service tax return for July-September is not correct ,as % Shown in rent a Cab Scheme was incorrect for service receiver as well as for service provider.We have also checked the utility and found that A10.5 shown 40% and A10.6 shows 60% ,which is Incorrect

As per notification 30/2012 dated 20.06.2012 Specific service receiver are liable to deposit service tax under reverse charge for service received covered under "rent a Cab scheme " as under

However in excel utility the rate for service provider were shown as 40% and for service receiver as 60% .

Sl.No.

Description of a service

Percentage of service tax
payable by the person providing service

Percentage of service tax payable by
the person receiving the service

7(a)

in respect of services provided
or agreed to be provided by way of renting or hiring any motor
vehicle designed to carry passengeron abated value.

Nil

100%

7(b)

in respect of services provided
or agreed to be provided by way of renting or hiring any motor
vehicle designed to carry passenger on non abated value.

60%

40%

Question to developers of utility : What is need of that column where only one option is to be selected by the service provider /Service receiver . As the % fixed by the CBEC and it is mandatory then why these questions are being asked in return at all. Like above in rent a cab scheme person is provided for one option 60%/40%. It should be provided automatically .

Solution :If you are facing this problem the solution is simple.Just download the Latest e filing utility for Service Tax return for July to September 2012 period from link given below.

Even if you are planning to file return and downloaded the excel utility few days back and don't have above services ,in that situation also you should download latest utility as there may few other errors which might not be known to us in old utility.

It means you already have updated version , but others may not have the same .If you don't like then it is ok for us. Choice is of viewer...always .

We have to look up for all the reader ,if few are facing problem (mostly early birds) then it is our duty to inform them that utility is revised and problem can be resolved by using revised utility .some time this point may be skipped by some one.

That is all we want top say all the readers, who don't like our this post or any other post .

Dear Sir,yesterday we uploaded the return after down loading the xcell utility from the link provided by you. Ours is a service which is not affected by the errors referred to by you. Do you mean to say still we have to file a revised return. Pl advice. J R. Kota

thanks for the update..we have downloaded the revised utility...we are an NBFC and provide hire purchase and leasing services which comes under the head Banking and Financial Services....this service is entitled for an abatement of 90% under Notification No. 26/2012 dated 20.06.12...but while filling up the return ,after selecting as a service provider under Banking and Financial Services and choosing 'Yes' against item no A12.1 for Abatement we found that the Notification No. 26/12 is not coming under the list of the notification given in item no. A12.2. Please help